Tag: energy

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Hungary Mol elects Zoltán Áldott Supervisory Board Chairman

June 22, 2018, 10:28 am
Hungarian fuels group Mol has announced that its Supervisory Board has elected Zoltán Áldott to be the Chairman of the Supervisory Board, effective as of 25 June 2018. At the same time, the Supervisory... 

Hungary Mol eyes further expansion in CEE

June 21, 2018, 4:36 pm
Hungarian fuel group Mol is looking to further expand its service-station network and expects is consumer business EBITDA to grow by 12% in 2018, the group’s new Chief Operating Officer Péter Ratatics... 

Hungarian PM Orbán may fulfill 20-year dream

June 14, 2018, 2:48 pm
After meeting his Slovakian counterpart Peter Pellegrini in Budapest on Tuesday, Hungary’s Prime Minister Viktor Orbán mentioned the connection of the two electricity networks of the two countries... 

Hungary Mol to lower motor fuel prices on Wednesday

June 12, 2018, 9:08 am
Hungarian oil and gas group Mol is to lower the wholesale list price of 95-octane gasoline by HUF 2 per litre and the price of diesel by HUF 3 forints per litre on Wednesday. The average price of gasoline... 

Natural gas to play a role until solar energy's final triumph - Portfolio conference

June 7, 2018, 4:45 pm
Renewable energy and natural gas are not necessarily mutually exclusive, they could play a complementing role in the energy mix, Péter Horváth, business development director at MET Power, said at Portfolio's... 

Good news for motorists in Hungary: fuel prices to be cut again

June 6, 2018, 2:27 pm
Hungarian oil and gas group Mol is to lower the wholesale list price of 95-octane gasoline by HUF 2 per litre and the price of diesel by HUF 3 forints per litre on Friday. The average price of gasoline... 

Motor fuels become cheaper in Hungary as of today

June 6, 2018, 9:24 am
Hungarian oil and gas group Mol has lowered the wholesale list price of 95-octane gasoline and diesel by 2 forints per litre each on Wednesday. Get first-hand information about the challenges faced... 

Hungarian state makes billions on electricity and gas bills

June 5, 2018, 3:56 pm
2017 was a successful year for energy companies operating in Hungary, both in financial and operating terms. The mostly state-owned natural gas, electricity and district heating companies posted billions... 

Hungary Mol to lower fuel prices on Wednesday

June 5, 2018, 8:53 am
Hungarian oil and gas group Mol is going to lower the wholesale list price of 95-octane gasoline and diesel by 2 forints per litre each on Wednesday, state-owned newswire MTI reported. The average price... 

Hungary's largest solar plant to be taken over by the state - portal

June 4, 2018, 9:27 am
The Hungarian state may soon acquire the 16-megawatt solar plant near the Mátra Power Plant. Pre-transaction due diligence has already been concluded, local news portal 444.hu reported on Monday. You... 

Hungary Mol buys mineral water company

June 1, 2018, 12:44 pm
Hungarian oil and gas group Mol has announced on Friday that it acquired Fonte Viva, a prominent player on the local mineral water market. Mol said its own strong regional presence provides Fonte Viva... 

Household electricity prices drop slightly in EU

May 31, 2018, 12:12 pm
Household electricity prices in the European Union decreased between the second half of 2016 and H2 2017, albeit very moderately, Eurostat, the statistical office of the EU, reported on Thursday. Household... 

Hungary Mol raises price of diesel

May 30, 2018, 9:41 am
Hungarian oil and gas group Mol has raised the wholesale list price of diesel by 2 forints per litre on Wednesday, but it has left the price of 95-octane gasoline on hold. The average price of diesel... 

Hungary Mol exits MET Group

May 30, 2018, 9:17 am
Switzerland-based energy company MET Group is to be taken over by its management, as its owners are selling their stakes. The group is planning further acquisitions in Europe, for which will rase capital.... 

LNG terminal in Croatia seen serving Hungarian interests

May 28, 2018, 3:51 pm
Opposition is mounting against a floating LNG (liquefied natural gas) terminal on the island of Krt (northern Croatia) that should have gone operational in 2018, but now looks to be ready only by 2020.... 

15 million euro solar park to be built in Hungary

May 25, 2018, 3:58 pm
MET Group, a leading integrated European energy company, has announced the closing of its five billion forint Project Financing Facility for its subsidiary MET Dunai Solar Park Ltd. on Friday. The facility... 

Hungary Mol raises fuel prices again

May 25, 2018, 9:11 am
Hungarian oil and gas group Mol has raised the wholesale list price of 95-octane gasoline and diesel by 6 forints per litre each on Friday. The average price of gasoline has been raised up to HUF 398... 

Aldi may hit the jackpot with this move in Hungary

May 24, 2018, 2:46 pm
Discount retail chain Aldi is now offerring automated filling stations in the parking lot of three of its stores in Hungary. Aldi’s partner that supplies fuel for the pumps is OMV. Aldi has opened... 

E.ON plans EUR 2.8 million investment in Hungary

May 17, 2018, 3:52 pm
German power group E.ON plans to invest 900 million forints (EUR 2.84 mn) in Zala county in Hungary this year on the reconstruction of its electricity and gas network and to fulfil the energy need of new... 

Price of diesel crosses north of HUF 400 mark in Hungary

May 16, 2018, 4:13 pm
After a major price hike on Wednesday, Hungarian oil and gas group Mol is set to raise the wholesale list price of 95-octane gasoline by 4 forints and that of diesel by HUF 5 per litre each on Friday... 
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